André Hoffmann, former Refinitiv CEO David Craig and Oxford Science Enterprises are among the leading investors backing the company’s growth phase

LONDON, July 4, 2024–(BUSINESS WIRE)–Natural Capital Research Limited (Natcap) today announced that it has secured $10 million in an oversubscribed Series A financing round to scale its breakthrough nature technology product. This funding will accelerate Natcap’s rapid growth and help organizations understand their nature-related risks and opportunities. The company’s focus is on scaling the delivery of high-quality nature data to the growing number of companies subject to the EU Corporate Sustainability Reporting Directive (CSRD), the EU Sustainable Finance Disclosure Regulation or voluntarily reporting under the recommendations of the Taskforce on Nature-related Financial Disclosures (TNFD). Natcap is one of the first nature and biodiversity intelligence companies globally to complete Series A financing in the emerging market.

Natcap has secured new funding from André Hoffmann, Norinchukin Capital, Yeo Ventures and Pelican Ag. The round also includes investment from former Refinitiv CEO David Craig, as well as follow-on investment from Oxford Science Enterprises, funds advised by MW&L Capital Partners and Alea Iacta Est, all of whom participated in the company’s £2.5m seed round in early 2023. This is a notable endorsement of the positive work Natcap is doing and sets the tone for their trajectory as nature reporting becomes mandatory globally.

Natcap’s innovative platform brings together the world’s best science, data and technology, giving businesses the ability to measure, report and act on nature-related risks and opportunities. Founded in 2018 by Oxford University Professor Baroness Kathy Willis and others, the company’s mission is to embed nature intelligence into business decision-making.

The company has developed industry-leading technology to support over 20 organisations, including collaborations with Tesco’s Nature Programme and a partnership with MS&AD Insurance Group Holdings. Natcap was recently selected as one of four UK technology companies to receive government support from the UK-APAC Tech Growth Programme to expand into the Japanese market.

Quote from Natcap CEO, Sebastian Leape:

“It has been really exciting to see the level of investor interest in our business, particularly in a less-than-optimal fundraising environment globally,” said Sebastian Leape, CEO of Natcap. “We see the support from our investors as further validation of the market need for what we offer: a simple, straightforward solution for companies grappling with nature risks and reporting needs under CSRD and TNFD. We look forward to scaling our offering, enabling more organizations to integrate nature into their decision-making, and accelerating the global transition to a nature-positive future.”

Quote from André Hoffmann, Vice Chairman of Roche Holding AG:

“As an investor deeply committed to sustainability and environmental stewardship, I am excited to support Natcap. Their innovative, science-based approach to assessing natural risks and opportunities is a critical step forward in our efforts to integrate nature into the way companies make decisions. Through my role as Senior Advisor to the Taskforce for Nature Related Financial Disclosures (TNFD), I have seen firsthand the gap Natcap fills in helping companies measure natural risks and opportunities at scale. I look forward to working with the Natcap team to help them achieve their ambitious goals.”

Quote from Nick Dixon-Clegg, Partner, Oxford Science Enterprises:

“Effectively managing nature-related risks is critical for both companies and investors, and requires the development of new innovative nature-related technologies. This significant funding round is a testament to both Natcap’s remarkable progress in this cutting-edge space and the team behind it. We are excited to continue supporting the growth of their platform as part of our mission to scale the most promising technologies from the Oxford ecosystem.”

About Natcap:

Natcap helps companies quantify and embed nature-related risks and opportunities into business strategy. They partner with leading scientists to deliver comprehensive and understandable nature data and metrics. Natcap’s platform guides companies in measuring, reporting and acting on their nature-related risks and opportunities to build resilient nature strategies.

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Name: Hayley Moller
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